Showing posts with label Economic Meltdown. Show all posts
Showing posts with label Economic Meltdown. Show all posts

Monday, March 23, 2009

Popular Opinion Starting to Stack Up Against Obama's Plan

As much as many of us voted for Obama and are inclined to back him up, this whole Wall Street/AIG Bonus/Failing Economy situation is starting to turn to shit. Writers, politicians, economists and just plain folks are starting to despair about the President's plan to deal with the current crisis.

For an excellent overview of the dire straits the country is in, and what Obama is going to face if this whole mess goes completely south, read this excellent article by Don Hazen from AlterNet entitled "The Voters' Uprising: President Obama What Are You Thinking?". You won't feel good after reading it, I guarantee you.

Be sure to also read William Greider's article from The Washington Post, and this from Frank Rich of The New York Times. These are gentlemen who want Obama to succeed, and they're not liking what's transpiring these days. And I hope you're also keeping up with Paul Krugman's always astute commentary on his blog for The New York Times. He's not very happy, either.

These are tough times, and Obama must step up to be the kind of President we voted for.

Monday, November 10, 2008

Robert Reich on "The Mini Depression"


Required reading: Economist and former Clinton Cabinet member Robert Reich has a great piece on TPMCafe -- "The Mini Depression and the Maximum-Strength Remedy". Reich, long one of my favorite brainiacs, is always compelling, sensible, erudite, and down-to-earth in his understanding of what makes the economy work.

Monday, October 6, 2008

Be Sure to Read Robert Reich's Blog Today

The wonderful Mr. Reich gives his take on the aftermath of the bailout -- The Meldown, Part 1. I don't know if it will make you feel any better...probably not...but he does offer that Obama understands the situation at hand but that any solution or easing of the panic is far away, for now.

Yikes!

Go! Read! Contemplate! Volunteer!!!